The combination of two words: Appreciate & It, but spelled as it is spoken, as if made up of four words: Pre she ate it.
Commonly used by African Americans to thank someone after helping or providing a beneficial service to them; replacing the phrase "I appreciate your help."
The term is often used sarcastically as well.
Dude: Hey man, where dat cheap ass licka store at?
Bro: Yo, it's down on da cona brah.
Dude: Presheateit man.
Prices shown in USD.
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